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You probably didn’t know it’s National Dog Bite Prevention Week, which means the latest stats about dog bites are getting a bit of attention.
State Farm paid a record $118 million as a result of 3,100 dog-related injury claims, and has paid out nearly $1 billion for dog-related claims in the past decade.
The I.I.I. says dog-related claims accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2015 – a much higher percentage than I would have figured. And the average cost of a dog-related claim is $37,214 – again a lot higher than I would have thought. More info and stats at the link below.
Does anyone here have any first-hand experience dealing with a dog bite claim, and if so, any big surprises in the process?
Insurance Forums | Average dog bite claim tops $37,000, accounts for more than a third of homeowners
State Farm paid a record $118 million as a result of 3,100 dog-related injury claims, and has paid out nearly $1 billion for dog-related claims in the past decade.
The I.I.I. says dog-related claims accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2015 – a much higher percentage than I would have figured. And the average cost of a dog-related claim is $37,214 – again a lot higher than I would have thought. More info and stats at the link below.
Does anyone here have any first-hand experience dealing with a dog bite claim, and if so, any big surprises in the process?
Insurance Forums | Average dog bite claim tops $37,000, accounts for more than a third of homeowners